China Blocks Meta’s $2B AI Acquisition, OpenAI Partners with Qualcomm on Smartphone

China Blocks Meta’s $2B AI Acquisition, OpenAI Partners with Qualcomm on Smartphone

April 27, 2026 · 10 min

About this episode

The episode discusses major market updates including Meta's blocked acquisition, OpenAI's partnership with Qualcomm, and various company earnings reports.

Market update for April 27, 2026. Check out the Public app for incredible investing tools and to support the show ( LINK ) Follow us on Instagram ( @TheRundownDaily ) for bonus content and instant reactions. In today’s episode: Big Tech earnings and the Fed meeting set up a massive week for investors Qualcomm jumps on reports it may help power OpenAI’s future AI smartphone OpenAI reworks its Microsoft partnership as its legal battle with Elon Musk begins China blocks Meta’s $2 billion acquisition of AI startup Manus Verizon rises on strong subscriber growth, while Domino’s drops after weak earnings Adidas gets a major win after the first official sub-2-hour marathon in history

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